Pub/bar for sale in Peterhead, Aberdeenshire AB42

£275,000
Pub/bar for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • Profitable public house
  • Turnover for year end March 2017 approx £173,000 wet sales with potential to increase
  • Prime main road location
  • Large 3 bed owners accommodation, viewing recommended

Property description

Reference - 46635

Description
Bruce and Co. Are pleased to offer for sale The Grange Inn, a popular and very busy free house situated in the fishing town of Peterhead.

The Grange Inn is centrally located within the coastal town of Peterhead, which is very well known for its fishing, onshore support for the oil industry, manufacturing, food and processing, textiles and the service industries.

The Grange Inn was purchased by our clients over 25 years ago, during which time the business has been trading successfully and has now only been placed on the market due to our clients wish to retire.

The property has been very carefully maintained and is presented in good condition with no work required, therefore new owners could commence immediate trading.

The business has established an excellent base of loyal clientele from local residents and, although the business forms an important part of the local community it also attracts custom due to its main road location.

The business trades currently with wet sales only and although it boasts excellent trading it still has potential to grow.

The sale of The Grange Inn comes with a flat located on the upper floor comprising of 3 large bedrooms, a living room/dining room, a dining kitchen, a bathroom and toilet with W.C.

Sales
Current weekly shop sales average £3,500 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday/Tuesday
17.00-23.30

Wednesday/Thursday
11.00-14.30

Friday/Saturday
11.00-01.00

Sunday
12.00-23.30

Staff
The business is managed by the owners with a team of part time members of staff.

Building External
The property is of concrete block construction with a rendered finish.

The roof over the main building and two storey extension is pitched with a tiled finish.

There is separate access to the self-contained upper floor residential flat that is located to the rear of the property.

Building Internal
The Grange Inn trading areas are located on the ground floor.

The trading areas are split to form a public bar, a lounge bar with ladies and gents’ toilets leading off, and a small kitchenette area at the rear staff entrance.

The public bar has a traditional gantry with bar stools along the bar, together with bench seating, and free standing tables and chairs.

The lounge bar is inter connecting with the public bar, as well as having its own entrance from the front. The lounge offers a more comfortable setting with cushioned booth seating with wooden tables and a popular pool table.

There is a small kitchenette provided to the rear of the ground floor.

There is access to the self-contained upper floor flat both internally and externally, off of the rear car parking area, which opens on to a vestibule with stairs up to the first floor. The flat is split to form a living room/dining room, a dining kitchen, three bedrooms, a bathroom and toilet with W.C.

Residential Accomodation
The flat is split to form a living room/dining room, a dining kitchen, three bedrooms, a bathroom and toilet with W.C.

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a fantastic opportunity to purchase a public house at a very attractive price, with fantastic potential for growth. A viewing is highly recommended to avoid dissappointment.

Arrange Viewing

For more information about this property, please contact
Bruce & Company, EH12 on +44 131 268 9615 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bruce & Company, and do not constitute property particulars. Please contact Bruce & Company for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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